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BCTXW

BCTXW
0.00090.00%( 0.0000 )

LongbridgeAI

North American Morning Briefing: Tech Rally Rolls On as Markets Look Past Fresh U.S.-Iran Strikes -2-

MorningStar
Jun 1, 2026 at 10:30 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Colombia's far-right candidate Abelardo de la Espriella leads the presidential runoff with 44% of votes, defying polls. Meanwhile, African nations reject US aid demands for health data and minerals. In markets, Canadian firms like BriaCell and ReadyTech see corporate actions, while analysts adjust ratings on stocks including Dell and Best Buy ahead of key manufacturing PMI data releases globally.

Right-Wing Firebrand Surges Into Colombia Runoff, Shaking Political Establishment

BOGOTÁ, Colombia-A far-right lawyer who pledged to smash the cocaine-fueled armed groups that have expanded in this country took the most votes in Sunday's first round of the presidential election, a blow to both the ruling leftist party and establishment conservatives.

With 99% of voting stations reporting, Abelardo de la Espriella took in 10.3 million ballots, or 44% of the vote, to 41% for Ivan Cepeda, a far-left candidate supported by President Gustavo Petro. Most polls in Colombia, a close ally of the U.S. in the war on drugs, had shown that Cepeda, the 63-year-old son of a slain Marxist senator, would comfortably beat de la Espriella and 10 other candidates.

Trump Wants Minerals, Health Data for Aid. African Nations Are Pushing Back.

A handful of African nations are rejecting American health aid, outraged by the Trump administration's demands for access to private health records and even minerals in exchange for lifesaving medicine.

A year after President Trump reversed decades of American policy toward poor countries and closed the U.S. Agency for International Development, some African governments are bridling at the conditions he has set for resuming funding to combat AIDS, tuberculosis and malaria.

Write to priscila.barrera@wsj.com

TODAY IN CANADA

Earnings:

HIVE Digital Tech 4Q

Economic Indicators (ET):

0930 May Canada Manufacturing PMI

Stocks to Watch:

Actinium Pharmaceuticals Receives Two Canadian Patent Allowances Spanning Actimab-A, Iomab-ACT Programs

BriaCell Announces Pricing of Best-Efforts Offering of 1.4M Shares at $3.25 Each; Offering Expected to Close June 2; Plans to Use Proceeds for Working Capital Requirements, General Corporate Purposes, Advancement of Business Objectives

Corus Entertainment Credit Agreement Waiver Extended to June 30

Hydro One Seeks Approval From the Ontario Energy Bd to Build the Orléans Area Reinforcement Project; Project Includes the Construction of a New 11-Kilometer 115KV Transmission Line

Patagonia Gold 1Q Revenue $2.1M; Reports 1Q Revenue of $2.1 Million

ReadyTech Shares Paused Pending Further Announcement

Sunshine Biopharma Inc. Halted due to pending news

Theralase 1Q Net Loss CAD 1.03M; Reports 1Q Net Loss of CAD 1.03 Million

Topicuscom Submits Nonbinding Proposal for Australia's ReadyTech; All-Cash Proposal Valued Worth A$2.00 per ReadyTech Share; Alternative Off-Market Proposal Valued at A$1.75/Share; Alternative Proposal Subject to 50.1% Acceptance; Made Nonbinding Indicative Proposal Via TSS Europe Subsidiary; Proposes $177.5M Takeover of Australia's ReadyTech

Expected Major Events for Monday

00:30/JPN: May Japan Manufacturing PMI

05:00/JPN: May Auto sales

06:00/GER: Apr Retail Trade

06:00/UK: May Nationwide House Price Index

06:00/RUS: May Russian Manufacturing PMI

06:45/FRA: Apr Housing starts

07:45/ITA: May Italy Manufacturing PMI

07:50/FRA: May France Manufacturing PMI

07:55/GER: May Germany Manufacturing PMI

08:30/UK: May S&P Global UK Manufacturing PMI

13:30/CAN: May Canada Manufacturing PMI

13:45/US: May US Manufacturing PMI

14:00/US: May ISM Report On Business Manufacturing PMI

14:00/US: Apr Construction Spending - Construction Put in Place

15:00/US: May Global Manufacturing PMI

23:50/JPN: May Monetary Base

All times in GMT. Powered by Onclusive and Dow Jones.

Expected Earnings for Monday

Aberdeen International Inc (AAB.T,AABVF) is expected to report for 1Q.

Credo Technology Group Holding Ltd (CRDO) is expected to report $0.78 for 4Q.

Hewlett Packard Enterprise Co (HPE) is expected to report $0.15 for 2Q.

Lyra Therapeutics Inc (LYRA) is expected to report for 1Q.

Science Applications International Corp (SAIC) is expected to report $1.70 for 1Q.

Uranium Energy Corp (UEC) is expected to report for 3Q.

Powered by Onclusive and Dow Jones.

ANALYST RATINGS ACTIONS

American Water Works Raised to Buy From Neutral by UBS

AST SpaceMobile Cut to Hold From Buy by Deutsche Bank

Best Buy Cut to Neutral From Buy by UBS

Boston Scientific Cut to Peer Perform From Outperform by Wolfe Research

Caesars Entertainment Cut to Hold From Buy by CBRE

Caesars Entertainment Cut to Hold From Buy by Truist Securities

Caesars Entertainment Cut to Neutral From Overweight by JP Morgan

Caesars Entertainment Cut to Neutral From Positive by Susquehanna

Charles River Labs Raised to Outperform From Hold by CLSA

Cogent Communications Cut to Neutral From Overweight by JP Morgan

Dell Technologies Raised to Positive From Neutral by Susquehanna

EPAM Systems Cut to Hold From Buy by Jefferies

Equity Residential Cut to Neutral From Overweight by Piper Sandler

Essential Utilities Raised to Buy From Neutral by UBS

Everforth Raised to Hold From Underperform by Jefferies

Gap Inc Cut to In-Line From Outperform by Evercore ISI Group

Gap Inc Cut to Neutral From Overweight by JP Morgan

Grid Dynamics Cut to Hold From Buy by Jefferies

Jack In The Box Cut to Neutral From Buy by Guggenheim

Rollins Inc Cut to Market Perform From Outperform by Bernstein

SentinelOne Raised to Buy From Neutral by B of A Securities

Snowflake Raised to Buy From Hold by HSBC

Valvoline Raised to Neutral From Underweight by JP Morgan

This article is a text version of a Wall Street Journal newsletter published earlier today.

 

(END) Dow Jones Newswires

June 01, 2026 06:19 ET (10:19 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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